We are a couple about to exchange contracts for a semi detached house in Mere. We encountered a problem. Our mortgage offer with Bank of Scotland runs out on 17/2/2025 but the owners are putting forward a completion date of 19/2/2025. Is it possible to extend the loan offer?
The person best placed to address this issue is your conveyancer who should determine if they corresponding with the mortgage broker, vendor’s lawyers, selling agents or possibly all parties given what has gone on in your conveyancing to date.
As someone unfamiliar with conveyancing in Mere what’s your top tip you can impart concerning the legal transfer of property in Mere
You may not hear this from too many lawyers but conveyancing in Mere or throughout Wiltshire is often a confrontational process. In other words, when it comes to conveyancing there is plenty of room for confrontation between you and others involved in the transaction. For example, the seller, selling agent and sometimes your lender. Appointing a lawyer for your conveyancing in Mere an important selection as your conveyancer is your adviser, and is the ONLY party in the transaction whose responsibility is to look after your legal interests and to keep you safe.
There is a definite creep of a "blame" culture- someone has to be at fault for the process being so protracted. You should always trust your solicitor above all other players in the home moving process.
I am assisting my step-mother sell her house in Mere. Does the conveyancing solicitor arrange an energy performance certificate or it is for the seller to see to?
Following the abolition of Home Packs, EPC’s was retained a compulsory element of moving property. An energy assessment should be to hand before the property is advertised. It is not as aspect of the sale process that conveyancers normally arrange. If you are instructing a Mere conveyancing lawyer they may help arrange energy assessments due to their contacts with long established local providers
My fiancee and I are in the process of viewing apartments in Mere and I am about to put in an offer. Should I already have a solicitor in place at this point? I will be getting a mortgage with Yorkshire BS.
It would be advisable to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. Given that you are obtaining a mortgage with Yorkshire BS, ask your prospective lawyers if they are on the Yorkshire BS conveyancing panel otherwise they can't do the mortgage legal work.
I was told three weeks ago that my mortgage has been agreed to by Yorkshire BS. Is it usual for Yorkshire BS to only issue the offer once my solicitor in Mere is approved on their conveyancing panel? Yorkshire BS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Do commercial conveyancing searches disclose impending roadworks that could impact a commercial property in Mere?
Many commercial conveyancing solicitors in Mere will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Mere. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Mere.
For every commercial conveyancing transaction in Mere it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could result in delays to Mere commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Mere.
I have recentlydiscovered that Wolstenholmes have closed. They conducted my conveyancing in Mere for a purchase of a freehold house 18 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The quickest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Mere conveyancing specialists.
I'm purchasing a new build house in Mere benefiting from help to buy. The sellers refused to budge the amount so I negotiated £7000 of extras instead. The house builders rep told me not inform my lawyer about this extras as it will jeopardize my loan with Platform Home Loans Ltd. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.